We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Trading places

25 June 2007 By John Foley

A E5.8bn merger of the UK and Italian exchanges makes strategic sense. But an allshare is vulnerable to attack from US rival Nasdaq. With a 30% stake, Nasdaq could threaten to sell out. That would depress the LSE s share price and might upset the terms of the deal.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)